The Reserve Bank of India will launch a pilot for the digital rupee

Chain Catcher News, the Reserve Bank of India (RBI) recently released a report titled "Concept Note on Central Bank Digital Currency," which discusses several key issues such as technology and design choices, issuance mechanisms, privacy concerns, and the impact of introducing CBDC on the banking system, monetary policy, and financial stability.

The RBI stated that it will soon launch a partial pilot for the country's digital currency (digital rupee) targeting specific use cases, testing multiple technological options, and determining the final architecture based on the results. (Source link)